Bitcoin priming itself for a cup of upside to 146,942!MAJOR Cup and Handle is forming on the one and only Bitcoin.
TOp institutions are paying 100s of millions of dollars into the crypto with the idea that it's going to rocket to $200,000.
But baby steps, because the chart is definitely showing upside to come. First it will have to break through the brim level first before we even get a STRONG buy.
Price> 20 and 200MA
Target 146,942
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Fundamental Analysis
U.S. Dollar Index (DXY) Weekly 2025Summary:
The U.S. Dollar Index (DXY) has corrected down to the key 38.60% Fibonacci retracement zone and is currently showing signs of a potential bullish reversal, bolstered by a clear hidden bullish divergence on the MACD. This may signal a renewed rally toward key upside targets, especially if the 93.3–99.9 support Zone holds.
Chart Context:
Current Price: 98.864
Key Fib Support: 38.60% @ 99.906, 48.60% @ 93.310, 61.80% @ 87.476
Support Zone: 93.3–99.9 USD
Hidden Bullish Divergence: Observed both in 2021 and now again in 2025 on the MACD
Trendline Support: Long-term ascending trendline holding since 2011
Fib Extension Targets (Trend-Based):
TP1: 115.000
TP2: 120.000
TP3: 126.666
Key Technical Observations:
Fibonacci Confluence: DXY is bouncing from a strong Fib cluster between 93.310 and 99.906, historically acting as a reversal zone.
Hidden Bullish Divergence: Suggests potential upside despite price weakness.
Downtrend Retest: Price may revisit 93.3–87.4 before confirming full reversal.
Breakout Pathway: Green dashed arrows outline the likely recovery trajectory toward 114–126 range.
Indicators:
MACD: Showing hidden bullish divergence and potential signal crossover.
Trendline Support: Holding intact from 2021 low.
Fib Levels: Used for retracement and trend-based extension.
Fundamental Context:
Interest Rate Outlook: If U.S. inflation remains controlled and Fed signals future hikes or sustained high rates, DXY strength may persist.
Global Liquidity & Recession Risk: If risk aversion returns, the dollar may rise as a safe haven.
Geopolitical Risks: Conflicts, trade tensions, or BRICS dedollarization efforts may create volatility.
Our Recent research suggests the Fed may maintain higher-for-longer rates due to resilient labor markets and sticky core inflation. This supports bullish USD bias unless macro shifts rapidly.
Why DXY Could Continue Strengthening:
Robust U.S. economic performance & monetary policy divergence
U.S. GDP growth (~2.7% in 2024) outpaces developed peers (~1.7%), supporting stronger USD
The Fed maintains restrictive rates (4.25–4.50%), while the ECB pivots to easing, widening the policy and yield gap .
Inflation resilience and Fed hawkishness
Labor markets remain tight, keeping inflation “sticky” and delaying expected rate cuts; market-implied cuts for 2025 have been pushed into 2026
Fed officials (e.g. Kugler) emphasize ongoing tariff-driven inflation, suggesting rates will stay elevated.
Safe-haven and yield-seeking capital flows
With global risks, capital favors USD-denominated assets for yield and stability
Why the Dollar Might Face Headwinds
Fiscal expansion & trade uncertainty
Ballooning U.S. deficits (~$3.3 trn new debt) and erratic tariff policy undermine confidence in USD
Wall Street’s consensus bearish position.
Major banks largely expect a weaker dollar through 2025–26. However, this crowded bearish sentiment poses a risk of a sharp rebound if data surprises occur
barons
Tariff policy risks
Trump's new tariffs could dampen dollar demand—yet if perceived as fiscal stimulus, they could unexpectedly buoy the USD .
Synthesis for Our Biases
A bullish DXY thesis is well-supported by:
Economic and policy divergence (U.S. growth + Fed vs. peers).
Hawkish Fed commentary and sticky inflation.
Safe-haven capital inflows.
Conversely, risks include:
Deteriorating fiscal/trade dynamics.
Potential Fed pivot once inflation shows clear decline.
A consensus that could trigger a short squeeze or reversal if overstretched.
Philosophical / Narrative View:
The dollar remains the world’s dominant reserve currency. Periodic dips often act as strategic re-accumulation phases for institutional capital—especially during global macro uncertainty. A return toward 120+ reflects this persistent demand for USD liquidity and safety.
Bias & Strategy Implication:
1. Primary Bias: Bullish, contingent on support at 93.3–99.9 holding.
2. Risk Scenario: Breakdown below 93.3 invalidates bullish thesis and targets 87.4–80 zones.
Impact on Crypto & Gold and its Correlation and Scenarios:
Historically, DXY has had an inverse correlation to both gold and crypto markets. When DXY strengthens, liquidity tends to rotate into dollar-denominated assets and away from risk-on trades like crypto and gold. When DXY weakens, it typically acts as a tailwind for both Bitcoin and gold.
Correlation Coefficients:
DXY vs. Gold: ≈ -0.85 (strong inverse correlation)
DXY vs. TOTAL (crypto market cap): ≈ -0.72 (moderate to strong inverse correlation)
Scenario 1: DXY Rallies toward 115–126 then, Expect gold to correct or stagnate, especially if yields rise. Crypto likely to pull back or remain suppressed unless specific bullish catalysts emerge (e.g., ETF flows or tech adoption).
Scenario 2: DXY ranges between 93–105 then Gold may consolidate or form bullish continuation patterns. Then Crypto may see selective strength, particularly altcoins, if BTC.D declines.
Scenario 3: DXY falls below 93 and toward 87 Then Gold likely to rally, possibly challenging all-time highs. Crypto could enter a major bull run, led by Bitcoin and followed by altcoins, fueled by increased liquidity and lower opportunity cost of holding non-USD assets.
Understanding DXY’s direction provides valuable insight for portfolio positioning in macro-sensitive assets.
Notes & Disclaimers:
This analysis reflects a technical interpretation of the DXY index and is not financial advice. Market conditions may change based on unexpected macroeconomic events, Fed policy, or geopolitical developments.
AUS 200 on track to 9,163Whether the trade analysis does well or not, we need to update accordingly.
That's the life of traders and how we all weather through the markets, whether just starting out or whether you're highly experienced.
We don't Take losses personally but instead see them as strikes and data points.
In this case the AUD200 is moving up nicely towards the medium term target of 9,163.
And if the analysis changes, we will let you know.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Oil's Volatility Meets Fed's Patience: A Path to 1.3643?USDCAD – Oil's Volatility Meets Fed's Patience: A Path to 1.3643?
🌍 Macro Landscape: Diverging Monetary Paths & Oil's Influence
The USDCAD pair is currently navigating a complex environment shaped by diverging central bank policies and the significant influence of crude oil prices. While the Federal Reserve is signaling a "higher-for-longer" interest rate stance due to sticky inflation, the Bank of Canada (BoC) is in a more nuanced position, balancing inflation control with economic growth. This divergence creates a fundamental tailwind for the USD.
However, Canada's economy is heavily tied to commodity prices, especially crude oil. Recent volatility in oil markets can exert significant pressure on the Canadian dollar. If oil prices remain subdued or face downward pressure, it could exacerbate the CAD's weakness against the USD, amplifying the impact of policy divergence.
🏦 Central Bank Policy Divergence: Fed's Firmness vs. BoC's Caution
Federal Reserve: FOMC members continue to signal patience on rate cuts. Recent inflation data (PCE, CPI) shows persistent price pressure, particularly in the services sector, reinforcing the Fed's hawkish bias. This suggests the USD may retain its strength as higher rates attract capital.
Bank of Canada: The BoC, while having taken aggressive steps previously, might be more cautious in its future rate decisions. Any dovish undertones or hints at pausing rate hikes could weaken the CAD. Conversely, a resurgence in inflation or stronger economic data could prompt the BoC to maintain a firm stance.
This policy divergence, coupled with external factors like commodity prices, creates a fertile ground for significant moves in USDCAD.
🌐 Capital Flows: Safe-Haven Dynamics and Commodity Impact
Global capital flow models indicate a shift towards the US dollar as a preferred safe haven amidst geopolitical tensions and global economic uncertainties. While Gold remains a traditional hedge, the USD's yield advantage makes it an attractive destination for institutional capital.
For CAD, its sensitivity to commodity prices means that capital flows are heavily influenced by the outlook for global growth and energy demand. A softening global economic outlook could lead to reduced demand for commodities, weighing on the CAD, and potentially driving inflows into USD-based assets.
📊 Technical Structure: Channel Breakdown & Bearish Momentum Towards 1.3643
On the H1 chart (as observed from the provided image):
Price Channel: USDCAD has been trading within a clear ascending channel. However, the price recently broke below the lower boundary of this channel, suggesting a potential shift in momentum from bullish to bearish.
Moving Averages: The price has moved below the EMA 13 – 34 – 89. This bearish alignment (EMA "fan-out formation" in reverse) confirms a short-term bearish momentum is building. The 200 EMA (red line) is currently acting as a key resistance level, near the prior support turned resistance.
Key Resistance (Sell Zone): The region around 1.36989 (aligning with previous support and possibly a Fibonacci retracement level) is now acting as a crucial resistance. Any retest of this zone, especially with bearish candlestick patterns, could offer selling opportunities. The 200 EMA reinforces this zone as a strong overhead barrier.
Key Support (Target Zone): The price is projected towards 1.36431. This level aligns with a strong prior support and also coincides with the Fibonacci Extension 1.382 level from a previous swing, making it a high-probability target for bearish moves. A bounce from 1.36734 (a mid-channel support or Fibonacci level) could offer a temporary reprieve, but the overall technical structure points to the lower target.
🎯 Trade Strategy Recommendations
Scenario 1 – Sell the Pullback (Preferred):
Entry: 1.3685 – 1.3695 (retest of broken channel line/resistance near 1.36989, possibly confluence with 200 EMA).
Stop-Loss: 1.3720 (above recent swing high/channel top).
Take-Profit: 1.3673 (initial target) → 1.3643 (main target) → 1.3620.
Scenario 2 – Breakout Momentum Sell (if price consolidates below 1.3673):
Entry: 1.3670 (break below 1.36734 with strong bearish momentum).
Stop-Loss: 1.3690.
Take-Profit: 1.3643 → 1.3620.
⚠️ Key Events to Watch:
US PCE Price Index (upcoming data): If hotter-than-expected, this would reinforce the Fed’s hawkish tone and lift USD.
Canadian CPI (upcoming data): Cooler-than-expected inflation could prompt a more dovish stance from the BoC, weakening CAD.
Crude Oil Inventory/News: Any significant news or data regarding global oil supply/demand can directly impact CAD.
Gold Hits Target Zone — Uptrend May Continue if Support HoldsGold broke below the 3326–3316 support zone earlier today,
but found strong buying interest near 3300, rebounding into the 3340–3350 target range.
Despite facing resistance here, the 2-hour chart still shows an incomplete bullish formation,
suggesting potential for further upside.
—
📌 Key Technical Zones to Watch:
🔸 If price pulls back from the 3340–3350 resistance, monitor 3326 as the key support
🔸 If 3326 holds, bulls may regain control and push the price swiftly toward
→ 3358–3368 resistance zone
🔸 3352 is a critical bull/bear pivot point — a breakout above it could signal a renewed bullish breakout
—
🎯 Trade Strategy:
✅ Long positions may consider partial profit-taking near resistance
✅ If price pulls back and holds above support, re-entry opportunities may arise
⚠️ Watch volume closely and avoid chasing high if momentum stalls
Storm Ahead? Key Level Breakout or Dangerous Reversal!USD/JPY: Storm Ahead? Key Level Breakout or Dangerous Reversal!
Overview:
The USD/JPY pair stands at a crucial crossroads, with technical signals indicating the potential for significant volatility in the near term. Will the Yen regain its footing, or will pressure from the USD continue to push the pair to new highs? This analysis delves into technical, fundamental, and macroeconomic factors to outline potential scenarios and identify key trading zones.
Detailed Technical Analysis:
Primary Trend: The USD/JPY chart clearly shows a short-term uptrend, supported by an ascending trendline (dashed line on the chart) and upward-sloping moving averages (MA). Trend analysis is considered the most important area of technical analysis, and is key to determining the general direction of a security. However, the price is approaching strong resistance zones, suggesting potential selling pressure. Technical analysis is a trading tool used to evaluate stocks and attempt to predict their future movements by analyzing statistical data obtained from trading activity.
Key Price Levels:
Crucial Resistance Zone (SELL Zone): Around 144.894 - 145.178. This is a significant Fibonacci Extension zone (1.13 and 1.236), where the price has reacted in the past and could attract strong selling pressure. If the price breaks and holds above this zone, the uptrend will be confirmed.
Crucial Support Zone (BUY Zone): Around 143.600 - 143.750. This support zone is formed by previous lows and the ascending trendline. If the price corrects to this zone and shows reversal signals, it could be a good buying opportunity. The next support zone is around 142.800. The goal of technical analysis is to determine the buy and sell points of a stock.
Technical Indicators: The MAs (blue, orange, red) maintain a relatively consistent distance and are sloping upwards, supporting the uptrend. However, the convergence of MAs near resistance zones could signal a weakening of upward momentum.
Price Patterns: Currently, the price is forming a pattern similar to a bull flag or an ascending triangle, suggesting a potential continuation of the uptrend if it breaks upwards. Conversely, if the price fails to overcome resistance and breaks the uptrend line, a bearish reversal pattern could form. Wave analysis is a technique based on the observation that markets move in specific patterns called waves.
Relevant Fundamental and Economic Factors:
Macroeconomic Analysis (Japan): The Bank of Japan (BOJ) continues to maintain ultra-loose monetary policy, with negative interest rates and yield curve control. This exerts continuous downward pressure on the Yen. Any signal of change from the BOJ regarding policy will have a significant impact on USD/JPY.
Macroeconomic Analysis (United States): The U.S. Federal Reserve (FED) is still in an aggressive monetary tightening cycle to combat inflation. Inflation reports (CPI, PPI), employment data (NFP), and statements from FED officials will be key drivers for the USD. If U.S. inflation remains high, the FED may continue to raise interest rates, pushing USD/JPY higher. Fundamental analysis focuses on evaluating economic, political, and social factors affecting the value of a currency pair.
Upcoming Economic Events: Closely monitor inflation reports from both the U.S. and Japan, GDP data, unemployment rates, and policy meetings of the BOJ and FED. These events will act as catalysts for sharp movements.
Conclusion and Trading Recommendations:
USD/JPY is in an uptrend but approaching crucial resistance zones.
BUY
Entry: When the price breaks and closes above 145.178, confirming the uptrend continuation. Or when the price corrects to the 143.600 - 143.750 zone and shows bullish reversal candles (e.g., bullish engulfing, hammer).
Take Profit: Higher Fibonacci levels (e.g., 1.382 at 145.491 or 1.5 at 145.918).
Stop Loss: Below the nearest support zone, e.g., below 143.500 if buying at support, or below 144.800 if buying after a resistance breakout.
SELL Scenario:
Entry: When the price approaches the 144.894 - 145.178 zone and strong bearish reversal signals appear (e.g., Gravestone Doji, bearish engulfing, double top pattern).
Take Profit: Lower support levels, e.g., 143.700, 142.800.
Stop Loss: Above the resistance zone, e.g., above 145.300.
Risk Disclaimer: Financial markets always involve high risks. Always manage your capital carefully and never trade with money you cannot afford to lose. This analysis is for informational purposes only and not investment advice.
GBPUSD stuck in a tight range - Waiting for the final moveGBPUSD stuck in a tight range - Waiting for the final move
On Thursday, GBPUSD tested 1.3590 again and briefly reached 1.3615, but the bullish attempt failed. The price dropped back below the resistance zone.
For almost two weeks, GBPUSD has been moving up and down in this area. No major economic events are expected this week.
However, US and China officials will meet in London on Monday, June 9. Optimism for a deal is high, and this could push GBPUSD lower from this zone.
Bearish targets: 1.3425, 1.3350, 1.3250, 1.3170.
⚠️ Watch out! This pair is heavily influenced by news.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Ple ase support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Gold Trading Strategy June 10Gold price in D1 frame reacted at EMA and Trend zone yesterday and bounced back but at the end of the day still closed below the 3335 breakout zone. The downtrend can still continue as long as 3335 remains stable today.
Looking at H1, it is still in a fairly clear downtrend. 3327 is the area that is currently in dispute. 3310 is the resistance zone that Gold broke through in the Asian session. To BUY this area, you must wait for price reaction and confirmation from the candle. Breaking 3309, Gold will head towards today's important support 3295. This is a good zone for BUY signal. The daily support zone around 3275 will prevent any excessive price slide of Gold.
On the other hand, when the buyers push the price strongly through 3327, you must wait for the US session resistance around 3338 yesterday for a SELL signal. (H1 does not break through 3328, we can set up SELL with the confirmation of selling force) Breaking 3338, the bearish structure will no longer exist, the market will switch to a short-term uptrend towards 3364.
Resistance 3337-3364-3374
Support 3310-3295-3275
Wish you successful trading. If you do not understand the strategy clearly, you can contact me for support.
A possible trend change after a 3-year slideEAND has been in a downtrend since April 2022, but we could be witnessing the start of a reversal into an uptrend. Price has been consolidating since the beginning of 2025 and now shows signs of a breakout, supported by a strong recent earnings report.
Key Highlights
✔️ Robust earnings growth
✔️ Strong balance sheet
✔️ Technical setup showing breakout potential
✔️ Positive sentiment returning to the sector
This could be a turning point for EAND, a break above key resistance may signal further upside.
Do your own research and manage risk accordingly.
A Detailed Technical, Fundamental, and Macro AnalysisNZD/USD Trading Plan: A Detailed Technical, Fundamental, and Macro Analysis
1. Technical Analysis:
The 30-minute chart of NZD/USD highlights key price action within a well-defined channel between crucial support and resistance levels:
Resistance (0.60769): The price is testing significant resistance around 0.60769. If this level is broken, the price could continue higher, indicating further upward momentum.
Support (0.60271): A strong support level is found at 0.60271. If the price retraces and holds this level, a potential rebound could take place.
EMA (Exponential Moving Averages):
EMA 13 (Blue): Currently moving upwards, confirming a bullish short-term trend.
EMA 34 (Yellow) and EMA 89 (Red): These are trending sideways, suggesting that the market is in a consolidation phase, waiting for further signals.
2. Fundamental Analysis:
FED's Monetary Policy: The actions and statements of the Federal Reserve regarding interest rates have a significant impact on the USD. If the FED maintains or hikes rates, this could push the USD higher, putting downward pressure on NZD.
New Zealand Economic Indicators: The strength of New Zealand's economy, particularly export data, plays a vital role in supporting or weakening the NZD. Positive economic reports could support a bullish NZD.
3. Macroeconomic Analysis:
Global Risk Sentiment: Market sentiment is being influenced by global factors like trade tensions, economic growth projections, and political factors. A shift in risk sentiment, especially regarding the U.S. economy or geopolitical tensions, could lead to significant price movements in the NZD/USD pair.
4. Buy and Sell Zones:
BUY ZONE:
Entry: 0.60271 - 0.60300
SL (Stop Loss): 0.60200
TP (Take Profit): 0.60700 → 0.60769 → 0.60900
SELL ZONE:
Entry: 0.60750 - 0.60800
SL: 0.60900
TP: 0.60300 → 0.60200 → 0.60100
5. Strategy:
Buy Orders: If price consolidates at the support level of 0.60271 and shows confirmation with EMA indicators, consider a buy with a target at 0.60769.
Sell Orders: If price fails to break through the resistance at 0.60769, a sell order could be placed, targeting the 0.60271 support level.
6. Market Sentiment:
The market is highly sensitive to news and economic reports, and therefore, it is essential to remain alert to potential volatility. Any major economic release from New Zealand or U.S. Federal Reserve news could significantly influence the pair.
USDJPY Analysis Today: Technical and Order Flow !In this video I will be sharing my USDJPY analysis today, by providing my complete technical and order flow analysis, so you can watch it to possibly improve your forex trading skillset. The video is structured in 3 parts, first I will be performing my complete technical analysis, then I will be moving to the COT data analysis, so how the big payers in market are moving their orders, and to do this I will be using my customized proprietary software and then I will be putting together these two different types of analysis.
HIMS – Technically and Fundamentally Strong for Mid-to-Long TermTechnical Analysis
HIMS is trading in a clear ascending channel since 2023.
On the daily chart, a “cup and handle” formation has completed, with a confirmed breakout above the neckline ($55–$57 area).
The price is consolidating near the breakout point – classic behavior before a continuation move.
Target projection from the cup pattern is $170+, implying a 200%+ upside potential.
The stock also respects the upper trendline of the long-term channel, reinforcing bullish structure.
Fundamental Strength:
Telemedicine megatrend: Digital health is booming. HIMS is one of the few well-established D2C players in the U.S. market.
Revenue growth: Annual revenue growth exceeds 40% YoY, a sign of operational efficiency and demand.
Sticky subscription model: Over 1.5 million active subscribers — solid base for recurring revenue and LTV.
Valuation upside: Still undervalued relative to sector peers despite recent rally.
Scalable tech stack: Strong backend, customer acquisition systems, and vertically integrated infrastructure support further expansion.
Conclusion: HIMS offers an attractive risk–reward setup for swing traders and long-term investors alike
AAVE Breaks Major Resistance Is a Mega Rally Toward $460 on the Yello Paradisers, are you watching how #AAVEUSDT just exploded past its resistance zone? After weeks of slowly grinding upward inside a clean ascending channel, AAVEUSDT has just delivered a powerful breakout that could open the gates for a major continuation to the upside.
💎This breakout came with strength supported by strong green candles blasting through the previously established resistance zone near $280. The price decisively reclaimed this area, which has now flipped into a fresh support zone. As long as AAVE holds above this reclaimed region, the bullish momentum remains dominant and the probability of continuation grows significantly.
💎From a structural standpoint, #AAVE had been respecting a well defined ascending channel with rising support and resistance levels. Each pullback within the channel has been met with renewed demand, indicating strong market interest at every dip. The recent consolidation at resistance, followed by the aggressive breakout, confirms that the bulls are in control at least for now.
💎Looking ahead, the next visible target is the minor resistance at $357, followed by $380 and ultimately, the major supply zone between $460 and $470. These areas could act as points of reaction, but with momentum on AAVE’s side, the path upward remains technically cleanespecially if volume sustains.
💎On the downside, the invalidation of this bullish structure would come with a sharp drop below the key demand zone at $220. A breakdown below this level would shift the narrative and signal deeper corrective action, potentially opening the path toward the invalidation zone at $170.
Trade smart, Paradisers. This setup will reward only the disciplined.
MyCryptoParadise
iFeel the success🌴
Gold drops over 20 USD, pressured by US-China negotiations.In the early trading session on Tuesday (June 10th), the price of gold XAUUSD dropped sharply from around 3,328 USD/ounce to about 3,305 USD/ounce.
Bloomberg pointed out that the price of gold decreased during the early Asian trading session on Tuesday when both sides in the US-China trade talks hinted at a willingness to make concessions.
The easing of tensions between Washington and Beijing could reduce the appeal of gold. Senior officials from the US and China initiated the second round of trade talks in London, the first since the Geneva meeting in early May.
On the afternoon of June 9th, local time, the first meeting of the China-US Economic and Trade Consultation Mechanism was held in London, UK. The meeting will continue on June 10th, local time.
The US delegation, led by Treasury Secretary Benjamin Bessant, also included Commerce Secretary Lutnick and US Trade Representative Greer. Bessant told reporters in London that they had a "good meeting," while Lutnick called the discussions "effective."
Bloomberg reported that the US hinted at the possibility of lifting export controls on certain technologies in exchange for China easing restrictions on rare earth exports.
The easing of tensions in the US-China trade war is a key factor currently creating downward pressure on gold, which has already risen more than 26% this year.
Gold traders are also awaiting the release of the US Consumer Price Index (CPI) data this week to assess the "health" of the US economy and predict the Federal Reserve's interest rate cut trajectory.
Technical Outlook for XAUUSD CAPITALCOM:GOLD
After recovering in yesterday's trading session, supported by the confluence of the EMA21 and Fibonacci retracement at 0.382%, gold has dropped back to test this area at the start of today's trading session.
Gold may continue to face selling pressure in the short term once the price breaks below the 0.382% Fibonacci retracement level, with the short-term target at around 3,250 USD, followed by the 0.50% Fibonacci retracement level.
However, as of now, the technical positions still show potential for price increase, as the support from EMA21 and the 0.382% Fibonacci retracement has not been broken. The short-term recovery target remains at 3,350 USD, followed by the key resistance level at 3,371 USD, which is also the price point of the 0.236% Fibonacci retracement.
Considering the current position, gold still has a bullish outlook, with the potential for a price drop mentioned earlier. The key levels to watch are as follows:
Support: 3,300 – 3,292 – 3,250 USD
Resistance: 3,350 – 3,371 USD
Gold Drops Sharply Amid Trade OptimismGold Drops Sharply Amid Trade Optimism
Gold formed a larger 5-wave pattern, with the second X wave extending further.
On Friday, gold fell 2.4%, dropping from 3375.50 to 3293.70.
This decline came after President Trump announced a positive call with President Xi about tariffs.
Top US and China officials will meet in London on Monday, June 9. Optimism is high, with talks expected to continue throughout the week. Trump himself remains positive, saying, "The meeting should go very well."
Gold may pause, but it could fall further unless new manipulation occurs.
Bearish targets: 3285, 3250, 3210, and 3170.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Analysis of Gold Trading Strategy for June 10th - 11th, 2025Identify strategies through this video:
Key Support and Resistance Levels of XAUUSD
Support Levels: 3,300 – 3,292 – 3,250 USD
Resistance Levels: 3,336 – 3,346 USD
With the current technical backdrop, gold still has short-term bullish potential, but it is essential to closely monitor key support and resistance levels. The gold market remains full of potential, but also presents challenges. Wishing you successful and effective trading!"
Nasdaq-100 (NDX) Weekly Chart 2025 Chart Context
This weekly timeframe analysis of the Nasdaq-100 Index (NDX) forms a key pillar in our 2025 macro analysis series. Following the breakout structure seen in TOTAL, TOTAL2, BTC.D, and US10Y, this chart utilizes 2 Fibonacci tools (1 trend-based extensions and 1 retracement) to project potential corrective and expansion scenarios.
Fibonacci Tools Used:
Fibonacci Retracement : Applies to the recent smaller swing to determine micro retracement zones and cluster supports.
0=20674 and 100=10504
Trend-Based Fibonacci Extension: Drawn using a three-leg structure (point A= 3993 to B=16724 to C10504) to forecast upside targets beyond ATH.
All take-profit (TP) levels: TP1 (~23,400), TP2 (~26,700), and TP3 (~30,344.49)—are located at confluence zones where Fibonacci levels from different tools align, reinforcing their validity and strength.
There is a 4TP above all the Visible TPs
Key price references:
0% retracement: ~20,674.71
Next Resistance ~23,400 (confluence of extensions and psychological resistance)
Projected TPs:
1TP=~23,400,
2TP=~26,700,
3TP=~30,344.49,
4TP=44000
Support/Resistance:
Red zone: ~16,700–18,300 (historical S/R and correction target and Fib Confluences)
Resistance zone: ~23,000–23,400 ,
22000(ATH area)
Key Technical Observations:
Fibonacci Retracement from ~20674 to ~15732 marks the initial corrective range.
Trend-Based Extensions forecast:
TP1 (~23,400): First breakout resistance
TP2 (~26,700): Medium-term expansion zone
TP3 (~30,344): Long-term target if macro tailwinds persist
Scenario Pathways:
Bullish Continuation: Breaks above ATH to reach TP2/TP3
Healthy Correction: Pullback to ~20,600 or deeper ~18,300 before resumption
Deep Correction: Revisits ~16,700 zone if macro environment deteriorates
Fundamental Context:
Tech Stocks & Economic Sentiment: NDX is often the first to move during liquidity expansions. Its performance signals risk-on behavior across global equity markets.
Rate Cuts in 2025: With anticipated Fed rate cuts, tech stocks are primed for inflows. Forward earnings valuations rise, justifying extended upside in high-beta tech.
AI Boom & Earnings Growth: Nasdaq is heavily weighted toward AI, cloud, and semiconductors—sectors expected to lead earnings surprises.
NDX Influence on Gold and Crypto
When NDX rallies:
Crypto: Risk appetite improves. Capital rotation flows into altcoins and layer-1 assets.
Bitcoin: Often sees parallel inflows, especially during strong tech rallies (e.g., 2020).
TOTAL & TOTAL3: Begin breakout patterns if NDX continues to surge.
Gold: May stall or correct as investors favor risk assets. However, gold still holds due to macro hedging and real yield pressures.
When NDX corrects:
Crypto: Volatility spikes. Altcoins bleed faster.
Bitcoin: Short-term dip but may decouple if viewed as digital gold.
Gold: Benefits from flight-to-safety behavior.
US10Y: Often reacts inversely to NDX moves—used for confirmation.
Search Highlights (2024–2025):
Institutions view NDX correction as signal to rotate into commodities (incl. gold).
Cross-market correlations show NDX peaks often precede crypto mini-rallies.
De-risking from NDX often triggers gold strength, especially in geopolitical or inflationary backdrops.
Bias & Strategy Implication
Primary Bias: Bullish
Expecting upside continuation to 26,700–30,000 zone
Multiple correction opportunities are present even during rally
Strategic Actions:
Monitor for correction to yellow/red zones for accumulation
Use NDX behavior as leading macro signal for crypto rotations
Watch resistance at 23,400 closely; breakout confirms trend extension
Time Horizon
Short-Term (1–2 months): Watch for breakout or correction to ~20,600–18,300
Mid-Term (3–6 months): Probable test of ~26,700
Long-Term (6–12 months): Potential expansion to ~30,344.49